OUR ESSENTIAL QUESTION: To what extend can you control your financial future?
Some terms and concepts you should be able to explain and discuss.
positive cash flow, negative cash flow, neutral cash flow, income, assets, liabilities, wealth, wealth generation models, publicly trade corporation, equities (stock) trading, Stock indexes, DJIA, return on investment, interest rates, compounding interest, opportunity costs, inflation adjusted value, owner occupied homes, non-owner occupied homes, single family home, condominium, multifamily home, mortgage, ARM, Fixed rate mortgage, mortgage origination points, underwriting, appraisal, assessment, real estate taxes, mill rate, distressed property sales, foreclosure, short sale, tax liens, appreciation rates, capital gains tax, wealth preservation, government / municipal bonds Some content questions you should be able to explain and discuss
Which of the four components of personal financial planning (cash flow management, income generation, wealth creation, and wealth preservation) is most important?
How important is it to maintain a balanced or surplus budget? Why do people invest in equities (stocks)?
What are the risks involved in equity trading?
Which risks management strategies work?
What are the challenges and rewards associated with investments in real estate?Which wealth creation strategy offers the most promise during the next 10 – 20 years?
Which wealth creation strategy will you employ first and which will you employ most aggressively?
What return on investment assumption are you willing to accept / defend?
What real estate appreciation rate assumption are you willing to accept? Technology challenge - Use excel spreadsheet software to create 2 wealth generation models)
Use excel to Create and defend a wealth generation model that is focused on investments in stock.
Use excel to Create and defend a wealth generation model that is focused on real estate investments.
OUR ESSENTIAL QUESTION: To what extend can you control your financial future?
Some terms and concepts you should be able to explain and discuss.
positive cash flow, negative cash flow, neutral cash flow, income, assets, liabilities, wealth, wealth generation models, publicly trade corporation, equities (stock) trading, Stock indexes, DJIA, return on investment, interest rates, compounding interest, opportunity costs, inflation adjusted value, owner occupied homes, non-owner occupied homes, single family home, condominium, multifamily home, mortgage, ARM, Fixed rate mortgage, mortgage origination points, underwriting, appraisal, assessment, real estate taxes, mill rate, distressed property sales, foreclosure, short sale, tax liens, appreciation rates, capital gains tax, wealth preservation, government / municipal bonds
Some content questions you should be able to explain and discuss
Technology challenge - Use excel spreadsheet software to create 2 wealth generation models)